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Mintable is a marketplace for NFTs that was founded in 2018 and serves two crucial functions. Firstly, it allows NFT creators to mint (also known as creating/adding NFTs to the blockchain) NFTs and list them for sale. Secondly, it gives collectors a platform to browse and buy original NFTs. There are over 3,000 NFTs on the site, with a wide range of categories for collectors to choose from. Since its launch in July, the TRX token has risen steadily with a trading volume of around $1.3 billion and a market capitalization of over $2 billion. The NFT Foundation has more than 177,000 NFTs, with a royalty rate for creators that is limited to 10% compared to Mintable's unlimited. OpenSea, on the other hand, does not provide a gas-free minting possibility. OpenSea also has a 10% royalty limit, but it is comparable to Mintable in that it waives upfront gas expenditures for creators.
Ways to invest with Mintable
Mintable is a decentralized blockchain-based platform created to enable the creation and trading of NFTs. Both creators and collectors use Mintable, which only allows for ethereum blockchain minting (or the production and listing of NFTs). Instead of paying gas fees when selling a digital item on the market, Mintable enables creators to skip out. Mintable charges a 5% marketplace fee on all gas-free NFT sales. Its other two choices, however, have gas costs. Mintable collects a 10% marketplace fee on printable NFT transactions and a 2.5 percent charge for traditional NFT transactions. You might be a collector if you like art, music, videos, collectibles, sports cards and other items. You'll have access to over 9,300 collections, including art, music, videos, collectibles, sports cards and other items. On the secondary market, you can buy and sell NFTs that have been minted on the Ethereum blockchain. Mintable's platform allows the original creators to get paid (usually 5-10% of revenue, although they can choose whatever percentage they like, according to Mintable). Mintable's extensive educational resources, which include Seller's University (a video collection on all things crypto) and Mintable editorial; a library of NFT blogs and guides, may be useful for both established businesses with existing relationships as well as new organizations looking to expand into the crypto market. Pro users also get access to both customer support 24/7. As for crypto wallets, Mintable supports MetaMask, Trust Wallet, and Rainbow, amongst others.
Is Mintable trustworthy?
We assess trustworthiness by reviewing each investment platform's Better Business Bureau profile, but Mintable doesn't have a profile at this time. BBB ratings generally reflect the bureau's opinion of how well a company interacts with its customers. But although Mintable doesn't have a profile; it's nonetheless important to do your due diligence before setting up an account with any investment platform.
Mintable — Frequently asked questions (FAQ)
Is Mintable affordable?
Mintable offers a gas fee-free option for creators who want to mint NFTs, but it takes a 5% marketplace fee on sales for gasless NFTs. When it comes to normal NFTs, Mintable deducts a 2.5% marketplace fee. Mintable takes a 10% marketplace fee for printable NFTs.
How is Mintable gasless?
With Mintable's gas-free option, creators can skip out on paying fees to mint NFTs and list them for sale. Buyers won't have to pick up the gas costs; and the transactions are emission-free and harmless to the environment on both sides, according to Mintable.
What blockchain is Mintable?
Mintable relies solely on the ethereum blockchain for all of its NFT transactions. This is common among many NFT platforms, but some, like OpenSea, support additional blockchains like polygon and klatyn.